Answer:
<em>Bribe</em><em> </em><em>has</em><em> </em><em>in</em><em>creased</em>
Explanation:
Bribery has really increase in our country because of greediness.
<h3>LRAS curve is vertical due to the rate of inflation does not impact real GDP
</h3>
Explanation:
The long-run aggregate supply curve (LRAS) is vertical because the rate of inflation does not impact real GDP's long-run determinants, which include supplies of labor, capital, and natural resources. It is simply applying the classical dichotomy and monetary neutrality.
The long-run aggregate supply curve at potential GDP is vertical, which is the amount of GDP reached when the economy operates in full employment. It is expected that GDP will always reach this level in the long run as the economy is driven by full employment, as it is a level that is realistic and long-term sustainable.
Answer:
c) greater than 1.
Explanation:
Cambodia is a southeast country in Asia. It is a beautiful country. It is very famous for the largest Hindu temple in the world, the Angkor Wat.
The real exchange rate or RER in finance is defined as the currency of one country will be exchange for the currency of another country. It is the value of the currency of one country in comparison to the other country's currency.
In the context, the real exchange rate of Cambodian riel will be greater than 1 as the value Cambodian riel is much lower than U.S. dollar.
Answer:
1) C. The economy can produce a level of GDP above potential GDP in the short run.
When the actual GDP is greater than the potential GDP it means that in the short run the economy is able to grow significantly, although high inflation may result.
2) B. Potential GDP increased significantly, but actual GDP did not, and thus there is unemployment.
Since only potential GDP increased, but not real GDP, then unemployment started to rise as a result of a higher inflation rate without an economic growth.
Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.
<h3>What is new product development?</h3>
A new product development refer to a firm process of bringing in a new product to the marketplace.
In conclusion, the development of new product helps in potential worldwide distribution.
Read more about product development
<em>brainly.com/question/7285931</em>
